Brian Beaulieu joined the Investment Committee of CLS Investments, LLC as a non-interested member in 2009. Mr. Beaulieu is CEO at the Institute for Trend Research (ITR) in Boscawen, New Hampshire, a position he has held since 1987. He joined ITR as an economist in 1982. Mr. Beaulieu is engaged in applied research regarding business cycle trend analysis and the utilization of that research at a practical level. He also serves as Chief Economist for Vistage International and TEC, global organizations comprised of over 13,000 CEOs.

Eric Clark is President of Orion Advisor Services, a comprehensive portfolio accounting service bureau. The company was initiated by CLS Investments, LLC in 1999 when no off-the-shelf system could meet its growing needs. Today, as an independent and privately held company, Orion offers its services to financial professionals across the United States. Mr. Clarke has served in his current position since 2006. Prior, he was Chief Operations Officer for CLS Investments, LLC. In his seven-year tenure as COO, the company increase assets under management in excess of 200%, from $855 million to $2.88 billion.